North Coast Commercial Real Estate is pleased to present to market,138 Molesworth Street, Lismore.
This is an ideal investment for someone seeking a secure, high return.
Current long term lease through to Feb 2028 + 2 x 3 year options offering a net rent of $72625 + GST per year.
This property has been recently refurbished with 422sqm over 2 levels with good natural light.
Nestled in the heart of Lismore, 138 Molesworth Street presents an exceptional opportunity for savvy investors seeking reliable income streams. At the forefront of its appeal is the property’s return on investment, boasting a strong net income coupled with a long-term tenant. This investment promises consistent cash flow, providing financial stability and peace of mind for years to come.
• Annual net rent $72625 + GST & outgoings
• Current lease ends 29/02/28 with 2 x 3 year options
• Zoned E2 Commercial centre
• Net lettable area 422sqm*
With a price of $750,000, this property presents a great opportunity for investors.
For more further details or an inspection contact Chris Harley on 0412 758 830 or Miro Bradford on 0401 373 033
Property Features
- Retail
- Land is 361 m²
- Floor Area is 422 m²
- Parking Comments Multiple spaces in timeless council park .
Commercial Features
Zone
B3 - Commercial Core